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Logistic Risks Analysis in Iron and Steel Companies’ Supply Chains

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MAGAZINE №5 (76) October 2016

AUTHORS  

SERGEEV V.I.

DUDINSKAYA M.V. - graduate student, National Research University Higher School of Economics (Moscow, Russia)

CATEGORY  The uncertainty and risks in supply chains

ABSTRACT

In the article current condition of Russian metals industry is analyzed, the efficiency is evaluated and the internal and external factors, which determine Russian iron and steel companies’ competitive edge at global and domestic market, are brought to light. For the purpose of finding the additional reserve of Russian iron and steel companies’ effectiveness improvement, the analysis of the companies’ logistic strategies and their realization tools was undertaken. Moreover, the internal factors which increase iron and steel companies’ supply chains sensitivity to logistic risks are reviewed. Then, the main problem areas in their functioning and potential development ways are determined.

As follows from the analysis of current investigations in the field of logistic risks management in supply chains, supply chain event management and system approach principles the logistic risks classification in supply chains was developed. Based on it, risks identification procedures realization, risk management policies development and logistic controlling system design are proposed.

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